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Supreme Court slammed DoT for demanding Rs 4 lakh crore from state-run companies in AGR dues

Shortpedia

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The Supreme Court slammed Department of Telecommunications for demanding Rs 4 lakh crore from state-run companies in AGR dues. Supreme Court asked govt how it used its judgement on the AGR matter to devise the formula to raise demand from the public sector companies. "This is an outright misuse of our verdict. You are making a demand of over Rs 4 lakh crores," the top court said and asked govt to reconsider demand.